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Have Markets Priced in Freeport-McMoRan’s Grasberg Resolution?

Mark O'Hara
Have Markets Priced in Freeport-McMoRan’s Grasberg Resolution?

Have Markets Priced in Freeport-McMoRan's Grasberg Resolution? Freeport-McMoRan (FCX) and the government of Indonesia (EIDO) are in talks regarding Freeport’s long-term mining rights in the country. Additionally, Rio Tinto (RIO), which holds a minority stake in Grasberg, is negotiating a stake sale with the Indonesian government.